International Trade Logistics Ram Singh Pdf

to enhance the contribution of commodity sectors to the development process for the effectiveness in countries with developed economies, developing countries and countries with economies in transition in the global economy and to identify the developments in international maritime trade within international trade, to position international trade and maritime trade within logistics, to identify and address world economic growth and integrate it with maritime trade, to provide a general description of logistics, The following section discusses in more depth the developments in global economy and the maritime transport industry in relation to international trade. The second section builds a background to the interaction between logistics and the transport industry within the global economy. This section provides general characteristics of logistics and interrelation of various business areas. The first section of this chapter gives a broad idea of logistics and its interaction with international trade. This chapter of the book is mostly focuses on developments in international maritime transport by also emphasising the developments in global trade. Therefore, logistics support and interaction of logistics and supply chain management with local and global trades cannot be disregarded.Īs approximately 85 per cent of international trade has been made by maritime transport by using either ocean transport, seaways and inland waterways, the role of maritime transport is considered to be crucial in international trades. Besides these aspects, the concept of supply chain management also includes customer satisfaction, customer relations, financial flow, and information flow by making logistics functions a more integrated and complex group of activities. Logistics management as an earlier and limited version of supply chain management until the beginning of the 2000s, covers the physical process of planning, organising and controlling the flow of materials and services from the supplier’s point to the customer’s as the end point. The concept of logistics has been used in business for more than two decades.

International Trade Logistics Ram Singh Pdf